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$547,000

NAL Estimated Property Value

2228 Crystal Palace Blvd, Alvarado, TX, 76009

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,499 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$214.05 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesDog Run, Rain Gutters
Lot Size1.31 acres

Building Information

Year Built2022
Garage Spaces3

Land Information

APN126.2347.02080
Lot Number8
SubdivisionCrystal Palace Estates Ph 2
Land UseResidential
Legal DescriptionLOT 8 BLK 2 CRYSTAL PALACE ESTATES PH 2
Census Tract130414
Assessed Land Value$130,900
Assessed Improvement Value$402,180
Assessment Year2025

About this property

Welcome Home: Step off the front porch into an inviting foyer that leads you to versatile spaces designed for modern living. To the left, a private hall offers a cozy bedroom with a walk-in closet and an adjacent full bathroom. Across the foyer, a flexible room awaits—perfect as a home office, formal dining area, or whatever your family needs. Beyond the foyer, a family-friendly entry with built-in storage and a mud bench connects to the laundry room and an attached three-car garage. The heart of the home features an open-concept living area, where a spacious family room with a stately fireplace flows seamlessly into a gourmet kitchen. This chef’s dream boasts a walk-in pantry, an oversized island, and generous counter space, all overlooking a bright dining area with views of the covered back patio. Retreat to the private owner’s suite tucked in the back corner of the home. The luxurious bathroom includes a dual-sink vanity, standalone soaking tub, and glass-enclosed shower, all leading to a massive walk-in closet that provides plenty of storage. Enjoy the entire back yard. The rear patio has been extended and is a perfect location for entertaining. The back yard has been cleared of brush and has been recently fenced with rail iron and hog wire fencing enclosing the entire back yard. Also has a dedicated dog run, ideal for pet owners. This layout reflects a perfect blend of style and functionality, accommodating modern family needs while ensuring privacy and comfort. Energy Star Certified Home with Full Foam Encapsulation.

Investor Tools

Property Icon
$547,000
Estimated Property Value
$400,539Estimated Mortgage Balance
$146,461Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,282 /month
Positive
Cash Flow Estimate:
$1,094 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,015/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,446
$533,080
2025
$130,900
$402,180
$533,080
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,446
$533,080

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank
Conventional
$418,191
No
First
Jan 22, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$400,539
$146,461
26%
73%
$2,508/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$2,908/mo
$-523/mo
5.2%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Alvarado

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2228 Crystal Palace Blvd | Property Details | No Agent List